My guess is when they issued that dividend last time, the management used that event to clean out the rest of the company bank account. There was no need to issue new shares last year. They had tons of money if the balance sheet was believable. Which I don't think it was. And now they don't file reports .. they don't have to being on the pink sheets or whatever color they are. There is no way of knowing the truth from where we stand.
I offer my opinion as I see it. In the end, I may be wrong or I may be right, time will tell. Make your own decisions. Warning: the market often doesn't behave the way we expect it to.
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